Published at Wednesday, May 02nd, 2018 - 08:24:40 AM. . By Luisella Alfonsina.
While we’re at it, consider making the hallways and doorways generously sized. Retiring Boomers will certainly appreciate the efforts to make the house easy to get around in and easy to use. So make sure there are features such as zero threshold showers, well placed and secure grab bars and easily accessed storage. Plan 481-7, shown above, incorporates these types of features with one floor living, large doors to generous outdoor spaces as well as the split bedroom floor plan making it ideal for a retired Boomer.
Once tenants move in, they pay minimal rent and utilities (e.g. $300 a month rent for a 300-square-foot home and an estimated electric bill of less than $35 per month). After three years, tenants are offered a contract to rent to own their homes within four years. This lengthy process is designed to help residents become disciplined about bill paying and the responsibilities of home ownership.
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